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Dr Akinwumi Adesina, former president of the African Development Bank Group, has been appointed inaugural chairperson of Botswana’s Diamonds for Development Fund, a major new initiative aimed at accelerating economic diversification in the diamond-rich nation.
Nigerian Breweries Plc has announced the appointment of Nkechi Runsewe as its new Human Resources Director, effective 1 August 2026.
Anthropic has overtaken OpenAI to become the world’s most valuable artificial intelligence startup following a blockbuster $65 billion Series H funding round announced on Thursday.
Presco Plc has appointed François Van Hoydonck as a Non-Executive Director, marking the second time in four months that the Nigerian palm oil producer has filled what it described as a "casual board vacancy" without disclosing which director left the board.
The Central Bank of Nigeria (CBN) has extended the enforcement deadline for its point-of-sale (PoS) geo-tagging regulations to 1 August 2026 and relaxed the operational radius requirement, increasing it from 10 metres to 70 metres.
Residents of Ifa Ikot Idang community in the Etoi Clan of Uyo Local Government Area, Akwa Ibom State, have welcomed a major improvement in their quality of life following the donation of a solar-powered borehole by LG Electronics.
Public relations professionals across the world have been urged to take advantage of the early bird registration window for the 2026 World Public Relations Forum, which closes on Sunday, 31 May.
Promasidor Nigeria has strengthened its corporate social responsibility commitment with the donation of a water tower and borehole system to the palace of the Osolo of Isolo Kingdom in Lagos State, in a move aimed at improving access to clean water within the host community.
Drivers operating on Uber, Bolt, inDrive and other ride-hailing platforms under the Amalgamated Union of App-based Transporters of Nigeria (AUATON) have petitioned the Lagos State Attorney-General, Lawal Pedro (SAN), calling for the enforcement of a federal directive mandating digital transport companies to provide health insurance for drivers.
MTN Nigeria Communications Plc has remitted N878.7 billion in taxes, levies and duties to federal and state authorities for the 2025 financial year, underscoring the growing role of the telecommunications sector in Nigeria’s non-oil revenue drive as the Federal Government intensifies fiscal reforms.
Tanzanian-founded fintech Nala has secured a credit financing facility of up to $50 million to scale its stablecoin-powered cross-border payments infrastructure, as demand for high-speed business-to-business transactions between emerging markets, Europe and the United States continues to grow.
Rite Foods Limited has extended warm greetings to Muslim faithful in Nigeria and across the world as they celebrate Eid al-Kabir, urging Nigerians to embrace the spirit of sacrifice, gratitude, love and togetherness that defines the Islamic festival.
The All Africa Music Awards, AFRIMA, in partnership with the African Union Commission, is set to host the Diamond Party and Prize Presentation on Wednesday, 3 June 2026, at Voyage Lagos in Nigeria as part of efforts to strengthen talent development and support the long-term growth of Africa’s creative industry.
Crystal Palace have agreed a multi-year shirt sponsorship deal with software infrastructure company Temporal, replacing Asian betting firm Net88 as the club’s main front-of-shirt partner ahead of the Premier League’s voluntary ban on gambling sponsors.
FIFA is introducing a new Fan ID programme for the 2026 World Cup designed to bridge the gap between live stadium attendance and digital engagement, while also enabling the governing body to build more detailed profiles of supporters.
Ghana has launched a national electronic visa (e-visa) platform as part of efforts to modernise border management, improve travel efficiency, and deepen regional integration across Africa.
The Nigeria Deposit Insurance Corporation (NDIC) has pledged to further strengthen its Deposit Insurance Funds (DIFs) as part of efforts to enhance the stability and resilience of Nigeria’s financial system.
Accelerate Africa has opened applications for the fifth edition of its startup accelerator programme, which is scheduled to begin in August in Lagos.
Dubai Chamber of Commerce has concluded a trade mission to Addis Ababa aimed at strengthening commercial ties between Dubai and Ethiopia through a series of bilateral meetings between companies from both markets.
Quest Merchant Bank has reinforced its standing in Nigeria’s financial sector after GCR Ratings affirmed the bank’s national scale issuer ratings of BBB(NG) and A3(NG), while revising its outlook to Stable from Rating Watch Negative.
Meta has quietly rolled out a new standalone application called Forum, a Reddit-style platform designed to enhance Facebook Groups and encourage deeper, more organised community conversations.
Airtel Africa has announced a share buyback programme worth at least $50 million as part of a broader capital allocation strategy aimed at strengthening shareholder value and boosting investor confidence.
Heliconia Park Hotel & Spa Lagos hosted an exclusive cocktail evening attended by Lagos State Commissioner for Tourism, Toke Benson-Awoyinka, alongside prominent business leaders and stakeholders from the oil and gas, hospitality and corporate sectors.
Griffin Capital Group Limited has officially entered the Nigerian market as a fully integrated financial services group, bringing together investment banking, asset management, trusteeship, lending and insurance services under a single institutional platform.
Emirates has unveiled a new global “Season of Rewards” campaign, offering members bonus Skywards Miles, Tier Miles, discounted reward flights and enhanced travel benefits across its international partner network.
Wema Bank Plc has unveiled plans to attain tier-one banking status in Nigeria, backed by strong earnings growth, fresh capital inflows and an aggressive expansion strategy.
Paystack has unveiled a newly rebuilt dashboard designed for the artificial intelligence era, introducing an AI-powered Command Centre that enables merchants to ask business questions in plain language and receive instant answers based on their transaction data.
Google has announced its biggest redesign of Search in 25 years, unveiling a major update at Google I/O 2026 as artificial intelligence continues to reshape how people access information online and how web traffic flows across the internet.
The Nigeria-China Strategic Partnership (NCSP) has described relations between Nigeria and China as being built on mutual respect, trust and shared strategic interests, anchored on decades of diplomatic consistency and ideological alignment.
The transition of Nigerian investment platform Chaka into Hisa, alongside the broader consolidation with Kenya’s Hisa, has unfolded with little noise and even less clarity. Far from a loud or bold market repositioning, the shift has been notably subdued, almost invisible at times, leaving many users to piece together what was happening only after changes had already taken effect.
The UK government has launched its first coordinated pan-African founder support programme during London Tech Week, marking a major step in strengthening technology and investment ties between the UK and Africa.
African Marketplace will return to Dubai for its second edition from 10 to 12 October 2026 at the Conrad Hotel Dubai, following the success of its inaugural event in 2025.
The CMO Circle, Nigeria’s invitation-only forum for Chief Marketing Officers and senior marketing executives, has announced Iquo Ukoh and Lolu Akinwunmi as Co-Chairs for its 2026 edition.
The Meltwater Entrepreneurial School of Technology (MEST) has opened applications for the second edition of its AI Startup Program, a fully funded initiative aimed at equipping Africa’s emerging AI entrepreneurs with the skills required to build and scale globally competitive startups.
Rite Foods Limited has joined the global community in marking this year’s International Day of Families, reaffirming its commitment to strengthening families as the foundation of a stronger society.
TechCabal has announced Grey, the US-based cross-border payments company, as the headline sponsor for Moonshot 2026, which returns to the National Theatre in Lagos, Nigeria, on 28 and 29 October 2026.
Spotify has announced plans to adopt Apple’s HTTP Live Streaming (HLS) technology as part of efforts to improve video podcast delivery and simplify cross-platform distribution for creators.
The National Pension Commission (PenCom) has granted Pension Fund Administrators (PFAs) a special regulatory dispensation to invest pension fund assets in the proposed Initial Public Offering (IPO) of Dangote Petroleum Refinery & Petrochemicals FZE.
The National Identity Management Commission (NIMC) has introduced new WhatsApp and live chat support channels aimed at providing Nigerians with faster and more accessible assistance for National Identification Number (NIN) services.
First Bank of Nigeria Limited has appointed Dr Julius B. Omodayo-Owotuga as an Executive Director, effective 13 May 2026, in a move aimed at strengthening the bank’s leadership across finance, governance, risk management and institutional transformation.
Apple and Google have begun rolling out end-to-end encrypted messaging for conversations between iPhone and Android users, marking a major shift in cross-platform communication and mobile privacy.
Africa’s drive towards stronger financial discipline, cost optimisation and improved governance is being undermined by a growing blind spot in corporate IT management: the lack of accurate, real-time visibility of technology assets such as laptops, desktops and distributed computing equipment.
The World Bank Group and the Global Energy Alliance for People and Planet have announced a new partnership aimed at expanding the productive use of energy across Africa through a regional Centre of Excellence to be based in Nairobi, Kenya.
Facebook has launched the sixth edition of its pan-African campaign, Made by Africa, Loved by the World: Where Stories Spark Community, with this year’s spotlight firmly on African cinema ahead of Africa Day on 25 May.
Meta is expected to generate $240 billion in advertising revenue in 2026, marking a 22.3 per cent increase and outpacing growth across the global social media advertising market, according to new data from WARC Media.
Promasidor Nigeria and its flagship dairy brand, Cowbell, have secured three major industry recognitions, further strengthening the company’s position in Nigeria’s fast-moving consumer goods sector.
The 2027 Grammy Awards will be broadcast live from the Crypto.com Arena in Los Angeles on Sunday, 7 February 2027, with the ceremony set to air simultaneously on ABC, Disney+ and Hulu for the first time.
Pan-African fintech company M-KOPA has been named on the Financial Times’ list of Africa’s Fastest Growing Companies for the fifth consecutive year, making it one of only five businesses to appear on the ranking every year since its launch.
